General Trading Chat

[lemondew]

The RR thing has also become a political thing now with CNBC going all out against the govt now

http://www.moneycontrol.com/news/cu...ovt-have-problemshandling-talent_6898941.html

And offcourse times saying RR purposely leaked his resignation email before resigning to use cronies to put pressure on the govt. Also he kept rates purposely high to help FIIs

http://www.timesnow.tv/Debate-Has-Govt-neutralised-Raghuram-Rajan-exit-impact/videoshow/4490458.cms

Users use your discretion we have both sides firing....

 

[timepass]

The RR thing has also become a political thing now with CNBC going all out against the govt now

http://www.moneycontrol.com/news/cu...ovt-have-problemshandling-talent_6898941.html

And offcourse times saying RR purposely leaked his resignation email before resigning to use cronies to put pressure on the govt. Also he kept rates purposely high to help FIIs

http://www.timesnow.tv/Debate-Has-Govt-neutralised-Raghuram-Rajan-exit-impact/videoshow/4490458.cms

Users use your discretion we have both sides firing....

As I mentioned elsewhere, Rajan didn't seem to have realized that the government is a majority owner in the PSU banks and thus has a major say in their working. Now the manner in which he has "leaked" his decision does not speak well of him, IMO.

 

[lemondew]

For market
Till brexit. I feel there is selling at levels above 8250 futures. So a move towards 8300 sell can give a good move downwards. And there is buying at below 8150 yesterday so levels at 8100 we can see a good move above. In between wdnt trade for now

Would like to know other seniors comments

Reason: Chart for this month plus
FII buyers today sellers yesterday
DII buyers yesterday sellers today.

Looks like institutions are doing the same at the extremes

 

[oi trader boi]

Guys, does anyone's tick data for BNF show 16713 at 10:11 or 10:12 ?? My sell was executed but it didn't show on any charts, so I covered it in a hurry.. but please check and revert. I see the high at 16697.40 in Tradetiger, 16700.85 in ztrader data table.

TP Sir,I want to trade BNF.How much slippage generally BNF throw on us?

P.S-Sir,the price you shorted(in image 17713) wasnt in a chart at that time.I didnt understand this trade
You shorted 16713 or 17713(in image).Both price is not there.Pls clear I'm new with BNF,never traded it.(is it Option??)

 

[mudraatrader]

Though SGX NIFTY is in red at this time.

Can we anticipate a gap up open for our market
NF around 8250
and
BNF above 17700

 

[cloudTrader]

As I mentioned elsewhere, Rajan didn't seem to have realized that the government is a majority owner in the PSU banks and thus has a major say in their working. Now the manner in which he has "leaked" his decision does not speak well of him, IMO.

The level at which he was being humiliated was also not called for, after all he has all the respect behind him. Its okay that he would be put to pressure but it should not have been done with nasty proxy statements, IMO.

 

[DSM]

Agree... It speaks of the stature of the accuser vs the accused. Being called a 'Congress agent' having 'foreign mentality' (whatever that means), of 'laundering money' etc is what no respectable person will accept.... But RR maintained his dignity and did what he was forced to do.... Nobody from the finance ministry or PMO's office stood up for him... so intention was clear to make RR chose Rexit... The country lost the worlds best bank governor without a doubt. Loss is ours, not his.

The level at which he was being humiliated was also not called for, after all he has all the respect behind him. Its okay that he would be put to pressure but it should not have been done with nasty proxy statements, IMO.

 

[lemondew]

I personally had poor experience PSBs. no value added service. Even if you own a PSB account for 15 years with good balance if you ask for a credit card or loan you have to prove your salary and so on. They are disinterested in you as a customer.

On the contrary they would give away all loans to corporates and their
cronies indulge in scams. I dont understand in detail but I believe RR has asked for provisioning for PSBs for bad loans.

If people have devalued PSBs and put more value to other companies. It may be bad for Indian govt. But if thats what it is then show its the way it is and correct it. PSBs would do better if shaken a little.

I am not sure if rajan went overboard. Again I dunno how west works. They bail out banks print money in excess. US japan europe and so on ... So not sure just hoping we have a better guy coming..

As I mentioned elsewhere, Rajan didn't seem to have realized that the government is a majority owner in the PSU banks and thus has a major say in their working. Now the manner in which he has "leaked" his decision does not speak well of him, IMO.

 

[rkripal]

Agree... It speaks of the stature of the accuser vs the accused. Being called a 'Congress agent' having 'foreign mentality' (whatever that means), of 'laundering money' etc is what no respectable person will accept.... But RR maintained his dignity and did what he was forced to do.... Nobody from the finance ministry or PMO's office stood up for him... so intention was clear to make RR chose Rexit... The country lost the worlds best bank governor without a doubt. Loss is ours, not his.

Do you go deep before you give all your 'intelligent' views. Or suffering from kejri syndrome?:rofl:

 

[mudraatrader]

Do you go deep before you give all your 'intelligent' views. Or suffering from kejri syndrome?:rofl:

ha ha
many are suffering from kejri syndrome. :lol: